CNQ Relative Valuation - Canadian Natural Resources Ltd - Alpha Spread
C

Canadian Natural Resources Ltd
NYSE:CNQ

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Canadian Natural Resources Ltd
NYSE:CNQ
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Price: 32.35 USD 1.19%
Market Cap: 69.1B USD
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Relative Value

The Relative Value of one CNQ stock under the Base Case scenario is 21.13 USD. Compared to the current market price of 32.35 USD, Canadian Natural Resources Ltd is Overvalued by 35%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

CNQ Relative Value
Base Case
21.13 USD
Overvaluation 35%
Relative Value
Price
C
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
17
vs Industry
29
Median 3Y
1.2
Median 5Y
1
Industry
1.3
Forward
2.5
vs History
20
vs Industry
15
Median 3Y
4.7
Median 5Y
4.4
Industry
9.2
Forward
11.4
vs History
19
vs Industry
17
Median 3Y
2.6
Median 5Y
2.4
Industry
4.5
vs History
39
vs Industry
18
Median 3Y
13.5
Median 5Y
6.8
Industry
10.8
vs History
15
vs Industry
15
Median 3Y
1.1
Median 5Y
0.9
Industry
1.2
vs History
17
vs Industry
32
Median 3Y
1.6
Median 5Y
1.7
Industry
1.7
Forward
2.7
vs History
23
vs Industry
30
Median 3Y
3.1
Median 5Y
3.4
Industry
4.2
vs History
23
vs Industry
24
Median 3Y
3.3
Median 5Y
3.6
Industry
5.7
Forward
6
vs History
34
vs Industry
18
Median 3Y
5.4
Median 5Y
7.2
Industry
8
Forward
11.9
vs History
28
vs Industry
22
Median 3Y
3.6
Median 5Y
4.3
Industry
6
vs History
38
vs Industry
22
Median 3Y
5.6
Median 5Y
7.5
Industry
10.6
vs History
15
vs Industry
25
Median 3Y
0.7
Median 5Y
0.6
Industry
1

Multiples Across Competitors

CNQ Competitors Multiples
Canadian Natural Resources Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Canadian Natural Resources Ltd
NYSE:CNQ
68.6B USD 2.5 12.2 5.9 9.7
US
Conocophillips
NYSE:COP
122.3B USD 2.2 11.5 5.6 8.9
CN
CNOOC Ltd
SSE:600938
716.2B CNY 1.6 5.1 2.9 2.9
US
EOG Resources Inc
NYSE:EOG
69B USD 2.8 9.2 4.9 7
US
Pioneer Natural Resources Co
LSE:0KIX
46B USD 2.4 9.4 5.4 7.8
US
Hess Corp
NYSE:HES
39.7B USD 3.2 15 7 10.6
AU
Woodside Energy Group Ltd
NYSE:WDS
31.1B USD 2.5 16.7 3.9 7.3
US
Diamondback Energy Inc
NASDAQ:FANG
31B USD 3.3 9 5.4 7.5
US
Continental Resources Inc
F:C5L
25.8B EUR 3.2 8 4.7 6.4
US
Devon Energy Corp
NYSE:DVN
24.8B USD 1.6 7.1 4 6.3
AU
Woodside Petroleum Ltd
ASX:WPL
30.6B AUD 2.9 10.4 5.7 9.6

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